Inland Homes has increased its annual turnover by 46%, but pre-tax profit remains at half its pre-pandemic level after it was hit by £3.5m of unexpected costs.

The brownfield site regeneration specialist, in its results for the year to 30 September 2021, reported revenue of £181.7m, up sharply on the £124m recorded last year in the midst of the pandemic. Pre-tax profit rebounded to £13.2m from £3.4m but is still only slightly more than half the £25m reported before the pandemic.